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5ire is a blockchain ecosystem that brings sustainability, Technology & Innovation to build the 5th industrial revolution (5IR), aiming to bring a paradigm shift from a for-profit to a for-benefit economy and to align with UN's Sustainability Goals.
Basic Information
5ire is the world’s first sustainability-focused Layer 1 blockchain project, complete with an ecosystem featuring an exchange, a wallet, and an NFT marketplace, as well as a VC fund to help grow other sustainable blockchain projects. By signing MOUs, 5ire has initiated public-private partnerships in India, Nigeria, and the United States to bring 5ire’s technological solutions for sustainability, better governance, and more just and transparent law enforcement. In February 2022, 5ire secured a $100 million capital commitment from Global Emerging Markets (GEM) Global Yield LLC SCS (GGY).
Legal Name
:
5ire LLP
Headquarters
:
London, England, United Kingdom
Business Model
:
B2B2C  
Founding Date
:
1st Aug 2021
No. of Employees
:
61 to 100
Core Team
:
1.  
Pratik Gauri
Founder and CEO
2.  
Prateek Dwivedi
CMO
Timeline

2021

Company Incorporation

Nov | Company Incorporation

Advisor Onboarded

Dec | Advisor Onboarded

Raj Kapoor, Raj Kapoor, founder and CEO, India Blockchain Alliance, as India strategy lead

Advisor Onboarded

Dec | Advisor Onboarded

Jeff Hoffman of Booking.com joined as a strategic advisor

2022

Advisor Onboarded

Feb | Advisor Onboarded

Jamie Gold, Entrepreneur and Poker Icon

Advisor Onboarded

Feb | Advisor Onboarded

Dr. Richard Swart, Ex Director of UC-Berkley

Target Market
B2C
As an ecosystem with a crypto exchange, a crypto wallet, an NFT marketplace, and as a Layer 1 Blockchain Network 5ire will have multiple target markets
User Age
:
26 to 34,  35 to 45,  46 to 60,  18 to 25,  More than 60  
User Income
:
Upper-middle Income,  High Income,  Lower-middle Income,  Lower Income  
Location
:
Global  
Funding

Total Funding

$121.0M

Investors
:
1.  
Alphabit Fund
2.  
The Global Emerging Markets Group
3.  
Launchpool
4.  
Moonrock Capital

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Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4

$760k

Series Name
:
SEED
Date
:
7th Sep 2021